342 E EIGHTH AVENUE, New Westminster
$1,250,000
This 4,356 sqft property in New Westminster is a detached single-family home on a lot the new rules make suitable for a multiplex. New Westminster follows the provincial small-scale housing rules, so most single-family lots allow three to four homes, and up to six near frequent transit. Heritage character adds a design step on some streets.
Charming 1912 character home with sweeping Fraser River & mountain views! This spacious 3-level home offers 6 bedrooms and 3 bathrooms, with 2 bedrooms on each floor, including a 2-bedroom suite ideal as a mortgage helper. Enjoy the impressive 400 sq. ft. rear deck with stunning 180-degree southeast-facing views. Updates include a renovated kitchen with stainless steel appliances and granite counters, updated bathrooms, flooring, plumbing, electrical, furnace and roof. Recent improvements include a new cement walkway, main-floor tub and tile, new rear deck railings, stairs and Duradek, retaining wall and fencing, several new windows and patio door, tenant-suite washer/dryer and upstairs vanity. A versatile home with character, space and income potential!
How this price compares
This lot asks $287 per square foot of lot. That is 21% above the median of $237 across the 100 active lots VanPlex is showing in New Westminster, and puts it 83 of 100 from cheapest to most expensive. Asking prices only, taken from the current MLS® feed.
Land price per square foot is only one input. Frontage, lane access, slope, and how many homes the zoning actually allows decide what a lot is worth to a builder.
Lot and property details
- Price
- $1,250,000
- Lot size
- 4,356 sqft
- Lot dimensions
- 33 x 132
- Frontage
- 33 ft
- Bedrooms
- 6
- Bathrooms
- 3
- Year built
- 1912
- MLS® area
- The Heights NW
- MLS® number
- R3156493
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Listing data via MLS®. Displayed for information only.